Follow the dollars · Assumption only
A complete cash picture for Dec 22, 2026
Your down payment$105,564Cash toward the purchase price.
Closing costs + prepaids$12,479Not just lender fees.
Before credits & paid funds$118,043The complete starting cash picture.
Estimated remaining funds due at closing
$118,043No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$105,564.17
Your down payment$105,564.17
Closing costs + prepaids$12,478.82
Total buyer cash needed$118,042.99
Remaining funds due$118,042.99
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,800.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$576.00
Prepaid interest, first (10 days)$627.82
Fees + prepaids$12,478.82
Your down payment is the seller’s equity. You take over the $374,436 balance, so the rest of the $480,000 price is paid at closing. A second mortgage can cover part of it. $118,042.99 is due at closing. Uses and sources reconcile at $492,478.82 each. Not a Closing Disclosure.